Mortgage Loan Specialist

4 weeks ago


Fredericksburg, Virginia, United States M&T Bank Full time

Job Summary:

Mortgage Originator at M&T Bank is responsible for working with customers to identify and obtain permanent FHA/VA and conventional mortgage loans. The ideal candidate will have a strong understanding of FHA/VA regulations, conventional loan requirements, and real estate law.

Key Responsibilities:

  • Interview applicants to collect and analyze information regarding their income, assets, debts, and credit data.
  • Assess applicant's credit worthiness and determine which products best meet the customer's needs.
  • Negotiate terms and conditions of loan with mortgagors.
  • Ensure lending compliance with all origination procedures, including bank policies and procedures, and regulatory requirements.

Requirements:

  • Associates degree and 2 years sales experience, or a combined minimum of 4 years higher education and/or relevant work experience, including a minimum of 2 years sales experience.
  • Thorough knowledge of FHA/VA regulations, conventional loan requirements, and real estate law.

Preferred Qualifications:

  • Technical skills, including general knowledge of personal computers and software programs utilized by Residential Mortgage Department.
  • Proven sales ability, strong mathematical skills, and self-motivated, well-organized individual.

Location: Fredericksburg, Virginia, United States of America


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